Key Takeaways
- Simple inventory tools are affordable; multi-warehouse and barcode systems cost more.
- Barcode printers, scanners and RFID add hardware cost.
- Custom systems suit unique workflows like batch, serial, job work or multi-channel sales.
Inventory is cash sitting on shelves. Software helps track it accurately and reduce both stock-outs and excess.
Indicative pricing
| Type | Approx. cost (INR) |
|---|---|
| Basic SaaS stock tool | ₹5,000 – ₹30,000/year |
| Inventory + billing for SMEs | ₹20,000 – ₹1 lakh/year |
| Warehouse management system | ₹1 – ₹10 lakh/year or custom |
| Custom inventory software | ₹4 – ₹20 lakh one-time |
Cost drivers
- Number of locations and users
- Batch, serial and expiry tracking
- Barcode/RFID
- Marketplace and e-commerce sync
- ERP/Tally integration
See inventory features and barcode vs RFID.
Planning a inventory software project?
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Explore Inventory Management SoftwareGet a Free QuoteRelated reading: Inventory Management Features · Barcode vs RFID
Frequently Asked Questions
How much does inventory software cost?
Basic tools cost a few thousand rupees per year; multi-warehouse or custom systems cost lakhs.
Is Tally enough for inventory?
Tally handles basic inventory well; complex warehouses and multi-channel sales may need dedicated systems.
Do I need barcode scanners?
Barcoding speeds operations and reduces errors for businesses with many SKUs.
Can inventory software sync with Amazon and Flipkart?
Many tools offer marketplace integrations for stock sync.
